South Korea's hedge fund industry could reach a size of around 40 trillion won ($35.8 billion) in the next two years now that the government is set to soon allow the products to be launched, a senior executive at the country's top mutual fund fi
Gottex Fund Management Holdings Ltd., which farms out $8.9 billion to hedge funds, halved the number of investments in its Asia fund since late last year to improve returns, Co-Founder Max Gottschalk said.
Goldman Sachs (GS.N) and Morgan Stanley (MS.N) are each in talks to buy an Indonesian brokerage firm to expand their reach into the hot capital market of Southeast Asia's biggest economy, sources with direct knowledge of the deals said on Monday.
HSBC Holdings Plc has launched the sale of its non-life insurance business, sources told Reuters on Monday, a global division worth about $1 billion and now part of the bank's plan to strip away non-core units.
China’s property and construction barons took top spots on a popular survey of the nation’s wealthiest individuals released Wednesday, despite Beijing’s efforts to cool the economy by clamping down on real estate speculation and cutting
A research paper prepared by Schroders Investment Management and RBC Capital Markets suggests that the launch of a new local stock exchange October 31 risks increasing investor costs and possibly increasing share market volatility, according to a report b
Assets managed by Asian hedge funds may exceed $180 billion in the next 12 to 18 months as the region’s growth attracts investors amid U.S. economic and Europe sovereign debt concerns, according to Eurekahedge Pte.